Economy Jul 10 Federal regulators fine Citigroup $136 million for taking too long to fix internal control issues By Ken Sweet, Associated Press
Politics Dec 06 WATCH: Wall Street bank CEOs oppose proposed Biden regulations in Senate hearing The banks contend the new regulations proposed by the administration would curtail lending and weaken bank balance sheets at a time when the industry needs more flexibility. By Ken Sweet, Associated Press
Nation Dec 23 What might capitalism look like in 2015? As baby boomers leave the workforce and millennials, and increasingly women, move in to take their places, former Citigroup CFO Sallie Krawcheck predicts capitalism will become more inclusive, and consequently, more prosperous -- for everyone. By Sallie Krawcheck
Nation Jul 14 Watch Citigroup to pay $7 billion for ‘egregious misconduct’ leading up to financial crisis The Justice Department announced a $7 billion settlement with Citigroup over “egregious misconduct” related to mortgage securities in the lead-up to the financial crisis. Judy Woodruff gets details from Tony West, associate attorney general at the Department of Justice and… By PBS News Hour
Economy Dec 05 Watch Citigroup Plans to Lay Off 11,000 Employees in Financial Crisis Scale Back Citigroup Plans to Lay Off 11,000 Employees in Financial Crisis Scale Back…
Apr 18 Watch Citigroup Shareholders Assert Say Over CEO’s Pay Shareholders publicly rebuffed Citigroup Tuesday at an annual meeting, rejecting a $15 million CEO pay package. Margaret Warner discusses the implications amid a national debate over income equality with Anne Simpson of the California Public Employees' Retirement System and Russell… Continue watching
Nov 28 Watch N.Y. Judge Rejects SEC’s $285M Deal With CitiGroup as ‘Unfair, Unreasonable’ A federal judge on Monday rejected a settlement between the Securities and Exchange Commission and Citigroup over mortgage deals dating back to the housing bust and the financial crisis. Ray Suarez discusses the latest developments with Edward Wyatt of The… Continue watching
Jun 09 Watch New Wrap: After Top Staff Resign, Gingrich Pledges to Revive Campaign In other news Thursday, Newt Gingrich's bid for the GOP 2012 nomination suffered a major blow when his campaign manager, senior staff and key aides in early primary states all resigned, but the candidate pledged to stay in the race. Continue watching
Jul 16 Watch News Wrap: Stocks Tumble on Consumer Sentiment, Earnings Numbers In other news Friday, U.S. stocks fell after a reading of consumer sentiment fell sharply and investors were disappointed by earnings reported by Bank of America and Citigroup. Also, federal officials announced the largest-ever crackdown on Medicare fraud. Continue watching
Apr 08 Watch Ex-Citigroup Chiefs Express Regret for Role in Financial Crisis Former Citigroup executives apologized before members of Congress for their company's involvement in the global financial crisis. Jeffrey Brown talks to the chairmen of the Financial Crisis Inquiry Commission about their ongoing inquiry. Continue watching